Golden Minerals (NYSE:AUMN) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Golden Minerals (NYSE:AUMN) in a research report issued on Friday. The brokerage set a “sell” rating on the stock.

Golden Minerals Price Performance

AUMN opened at $0.17 on Friday. The company’s 50 day simple moving average is $0.18 and its 200-day simple moving average is $0.18. Golden Minerals has a one year low of $0.07 and a one year high of $0.59. The stock has a market capitalization of $2.57 million, a P/E ratio of -0.33 and a beta of -0.59.

About Golden Minerals

Golden Minerals Company, a precious metals exploration company explores for mineral properties in Argentina, Nevada, and Mexico. It explores for gold, silver, copper, zinc, lead, and other minerals. The company was formerly known as Apex Silver Mines Limited and changed its name to Golden Minerals Company in March 2009.